Chinese oil giant purchasing Canada's Nexen for US$15B
24.07.2012
By Bridget Brown
Alberta oil and gas producer Nexen Inc. has agreed to a takeover by the China National Offshore Oil Company worth US$15.1 billion, the company announced Monday.
The company will pay $27.50 for every common Nexen share, a price that represents a 61 per cent premium on Friday's closing price...